Reserve Bank of Australia lifts cash rate target by 25 basis points in majority vote as inflation pressures persist. Australia's central bank on Tuesday raised its benchmark interest rate by 25 basis points to an 18-year high of 4.85% amid...
Saudi Arabia’s Public Investment Fund (PIF) has raised US$3bn-equivalent in credit facilities guaranteed by Italy’s export credit agency SACE, bringing together 25 international banks in a financing arrangement designed to strengthen procurement links between Saudi Arabia and Italian suppliers. The...
Operating expenses are up 12.5% and fee income also grew. The Bank of the Philippine Islands (BPI) reported a net income of $766.61m (PHP48.9b) in the first nine months of 2026, according to its latest bourse filing. Total revenues rose 9.8%...
The International Capital Market Association (ICMA) published a new position paper on EU banking competitiveness ahead of legislation, highlighting the essential role of banks in supporting deeper, more liquid and resilient European debt capital markets. The paper argues that banking...
Hong Kong has introduced round-the-clock interbank settlement of tokenised bank deposits using tokenised central bank money, removing a significant operating-hours restriction from its Project Ensemble pilot as banks seek to make corporate liquidity available continuously. The Hong Kong Monetary Authority...
Gross domestic product growth accelerates from 4.2% in 2nd quarter on surging goods exports and fixed investment. Hong Kong's economy expanded 5.2% in real terms year-on-year in the third quarter of 2026, accelerating from 4.2% in the second quarter, official...
Apollo has launched a European credit platform with more than €10bn in lending capacity, bringing together international institutional investors and financial institutions to compete for corporate and asset-backed financing opportunities across the region. The new business, European Credit Company (ECC),...
Europe’s exchange traded product (ETP) market reached a record $3.9 trillion in assets under management during Q3 2026, while the global exchange traded fund (ETF) industry crossed $24 trillion, according to ETF provider HANetf’s report. European ETFs attracted $147.79 billion...
Qatar Investment Authority (QIA) plans to invest US$500 billion in the US over the next decade, and also increase the headcount in its New York office, as the sovereign wealth fund seeks to bolster its presence in the world’s...
The EU contributed €32.2bn in public climate finance to developing nations in 2025, up by 1.8pc on the year, the European Council said. The bloc mobilised a further €9.3bn in private finance in 2025, down by 15.5pc on the year....
